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Follow on Google News | eSignings for RESPA: What are They and How do They Benefit the Mortgage Industy?eSignings are becoming more in demand than ever before. The mortgage industry is being completely transformed by having access to this service.
By: Nicole Mickle To learn more about eSignings and Mobile Notary Services, please visit: http://www.apatsettlementservices.com/ Top 3 Benefits of eSignings: 1. Time. Mortgage Brokers/Bankers/ 2. Money. Some brokers mail the RESPA docs to the customer with a prepaid envelope back to the lender’s office. The approximate upfront cost for this service is $30 for the Fed Ex labels. Even this doesn’t guarantee there won’t be a delay in time for the submissions to get where they should, when they should. 3. Satisfaction. When methods are made simple and quick to the borrower, you create borrower satisfaction. That in turn will produce more business through word-of-mouth and other referrals. With eSignings, although the notary is not required to complete the transaction, some brokers will still require a notary instead. Some need both eSignings and traditional paper signings. Some just prefer the face to face meeting and to have a ‘real person’ handling everything. For those that do not, eSignings is the perfect scenario. It allows the mortgage broker to get loans closed faster. The faster you get the RESPA (loan applications) When in the mortgage industry where time is of the essence, when you find something that can save time, this is a huge plus for your borrower and for your pipeline. The faster loans are closed, the faster the broker/banker has the availability to sell and increase loan productivity, meaning more loans for you to work on as well. The operator/owner/ For notaries interested in training on the eSigning process and becoming eSigning certified, Nicole Mickle, President of APAT Real Estate Settlement Services, will also be providing assistance via phone to complete the process. Our team is looking to expand, so please contact us today here: http://www.apatsettlementservices.com/ # # # APAT Real Estate Settlement Services offers Nationwide Stress Free Closings that Make Cents via mobile Notary Signing Agents that specialize in mortgage closings. We also offer eSignings and Notary Coverage. Our network covers the entire US and Puerto Rico. End
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